Capital Financial Management: Facing New Value Goals of Enterprises: Facing New Value Goals of Enterprises

Author: Peng Lan
Publisher:
Publish Date: 2004-05-01
Features: This book studies the financial management issues of Chinese enterprises under the realistic conditions of two-power separation, the Chinese capital market, and the knowledge economy. It proposes maximizing corporate value under the Economic Value Added (EVA) model as the goal of financial management. By using capital as a link and adopting a two-tiered financial management approach from the perspectives of investors and operators, it constructs a new theoretical system for capital financial management. The book is divided into two parts. The first part introduces basic financial theories and development, including the essence and functions of finance, corporate financial management goals and value management, financial mechanisms, and financial risk management. The second part introduces applied financial theories and practices, including capital structure theory and practice, investment theory and practice, dividend theory and practice, and financial management of virtual enterprises. This book is suitable for financial management personnel in enterprises and public institutions, as well as researchers engaged in financial management studies.